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CFI Statement: Judgments in cases: Hoechst, Arkema, Elf Aquitaine, Akzo Nobel and others v Commission [monochloroacetic acid cartel]

( September 30, 2009, 08:23 GMT | Official Statement) -- Extract: The Court of First Instance reduces by 10 percent the fine imposed on Hoechst for its anti competitive conduct on the monochloroacetic acid market. Hoechst’s fine is reduced to EUR 66.63 million because the Commission failed to take into account under its Leniency Notice that Hoechst did not dispute the facts. However, the Court upholds the fines imposed on Akzo Nobel, Elf Aquitaine and Arkema.The CFI statement follows below. The judgments can be found via the following links:...

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